Crypto news

A crypto exchange known as Liquid – which is based in Japan – has been hacked, leaving it short of nearly $100 million in digital funds. Liquid Has Lost a Lot of Money The hackers involved in the incident have allegedly taken as much as $97 million in digital currency at the time of writing. Several assets – including bitcoin, Ethereum and Litecoin – have been stolen. Liquid has reported that the hacker is allegedly transferring this money to as many as four separate...

Despite a string of heavy financial losses, Mike Novogratz – the head of Galaxy Digital Holdings Ltd – is remaining positive about bitcoin and the growing digital finance space. Mike Novogratz Is Looking to Start a Bitcoin ETF In a recent interview, Novogratz has revealed that his company has applied with the Securities and Exchange Commission (SEC) to begin a bitcoin-based exchange-traded fund (ETF), which has arguably been the object of many crypto companies’ affection...

Looking ahead, there are many ways the rest of the current cycle can play out moving forward. The following are two scenarios we are expecting to play out as long as the technical and on-chain data continue to show strength. Our price targets are heavily time-based, condition-based, and blend multiple forms of analysis. Assuming bitcoin price reaches major technical targets to the upside and on-chain metrics are flashing significant sell signals, the probability of a bull...

The owner of Bitcoin mixer Helix and resident of Ohio, Larry Dean Harmon, pleaded guilty to a one-count conspiracy to launder monetary instruments. Previously, US prosecutors alleged that the Bitcoin mixer laundered over $300 million. Bitcoin Mixer Operator Pleads Guilty Harmon pleaded guilty in the United States District Court for the District of Colombia on Wednesday (August 17th, 2021). According to a press release by the US Department of Justice (DoJ), the Ohio resident...

Atlanta, United States / August 21, 2021 / Memenopoly, a new coming of age gaming NFT solution, has announced a strategic partnership with the first community-owned NFT marketplace Babylon. The partnership would allow Meme-themed Memenopoly NFTs to be auctioned on Babylons NFT marketplace. Memenopoly is a yield generating blockchain “play to earn” game. The platform aims to bring the next evolution of gamified yield generation, leveraging the power of NFTs to reward...

According to a recent survey, millennial investors have allocated 12% of their wealth in the digital asset market while xennials and generation X have respectively distributed 9.2% and 6.3%. However, those born between the late 1970s and the early 1980s have profited the most from those investments. Crypto Trends among The Generations The cryptocurrency exchange CryptoVantage conducted a study to determine what digital assets each generation favors, why they have entered the...

Following a sharp retracement below $49,000, bitcoin has rallied up and reclaimed that particular level. Most altcoins have stalled since yesterday, except for Cardano. ADA has painted another fresh all-time high above $2.6. ADA’s Latest ATH; Alts Calm The alternative coins were all covered in green yesterday with impressive gains across the charts. Ethereum briefly exceeded $3,300 but has retraced slightly since then and currently sits below that level. Binance Coin, which...

The popular cryptocurrency exchange Huobi Global is taking advantage of its competitors’ setbacks to break into new markets. The latest chess move involves a partnership with Latamex —Settle Network’s on and off-ramp fiat-to-crypto payment gateway— with the goal of enabling purchases and sales of cryptocurrencies with fiat money in Argentina, Brazil, and Mexico. The exchange also announced a promotion for its customers: It will allow them to buy cryptocurrencies with zero...

The popular cryptocurrency exchange Huobi Global is taking advantage of its competitors’ setbacks to break into new markets. The latest chess move involves a partnership with Latamex —Settle Network’s on and off-ramp fiat-to-crypto payment gateway— with the goal of enabling purchases and sales of cryptocurrencies with fiat money in Argentina, Brazil, and Mexico. The exchange also announced a promotion for its customers: It will allow them to buy cryptocurrencies with zero...

The Australian entrepreneur Fred Schebesta said he would give away $5 worth of bitcoin to locals who have had a COVID-19 vaccine and those who will get it in the future. Considering Australia’s population, he would have to distribute $104 million (around 75 million USD) if everyone takes advantage of the offer. ‘Get Vaxxed Baby, And Get Your Bitcoin’ Fred Schebesta – the co-founder of the financial comparison website Finder – revealed his plans to hand over $5 worth of...